True Blue Bruins save green with Earnest student loans

As the most applied-to university in America, UCLA balances award-winning academics with a laid-back Los Angeles lifestyle. Earnest helps Bruins finance their education with smart, affordable student loans. Please note, the University of California, Los Angeles is not affiliated with Earnest and does not endorse Earnest's loans.

Bright futures start in sunny SoCal

A world-renowned education in the hills of Westwood

Bruins hail from around the world to earn an MBA from the Anderson School of Management, a JD from UCLA School of Law, and medical degrees from the David Geffen School of Medicine and UCLA School of Dentistry. UCLA athletics have won 113 NCAA titles, proving that Bruins possess brains and brawn.

Alumni such as Jackie Robinson, Francis Ford Coppola, and Susan Wojcicki have all called the UCLA campus home—so you’ll wear your True Blue with pride as a Bruin. UCLA keeps its diverse student body engaged with dozens of cultural organizations, the LA Hacks hackathon, and close proximity to Hollywood and Beverly Hills.

The UCLA education you want, at a price you can afford

Earnest student loans and student loan refinancing

UCLA AlumniBruins with student debt turn to Earnest for a seamless consolidation and refinancing experience. Earnest offers competitive rates based on your individual financial profile and you also get the opportunity to customize your payments to accommodate your preferred budget and timeline. Wherever your UCLA degree has you headed—Earnest wants to save you money along the way.

UCLA StudentsUCLA is dedicated to making their education affordable for all. In fact, 44% of undergraduate students pay zero tuition and 52% receive some form of financial assistance. We encourage you to contact UCLA Financial Aid & Scholarships to learn more about UCLA scholarships, grants, jobs, and other ways to ensure you leave LA with a lifetime of wisdom and memories—not student d

Many people are able to refinance into much lower interest rates, saving them thousands, if not tens of thousands, of dollars. In addition, Earnest offers in-house support for the life of your loan and a seamless technology platform to manage your loan.

Consolidation simply combines multiple student loans into one. That means one monthly payment instead of having to juggle many different ones, sometimes with multiple servicers. When you consolidate, your interest rate will be a weighted average of the interest rates on the loans you combine. You won’t save money— but it can make life easier by reducing the amount of time you spend managing different payments.

Refinancing can be done with one loan or several, and involves getting a new loan with a different (usually lower) rate than before, due to changes in your financial situation. When you refinance, you typically work with a company to pay off the original loan(s) and get a new unified loan at a lower rate.

Recommended reading for UCLA students

Refinancing is easier with Earnest

Rather than looking at student loans as a ball and chain, we see them as a balloon—lifting students to new heights, and enabling incredible opportunities and achievements. Through innovative data science we make that balloon as light as possible, saving clients thousands on every loan. And with exceptional service, we ensure our clients make decisions with confidence. At Earnest, we seek to offer a student loan like no other.

Disclaimers

The average savings calculation is the sum of all projected savings divided by the number of clients included in the projected savings calculation. These calculations assume that clients’ interest rates will not change over time, that clients make all payments on-time, and that no loans will be prepaid.

Here’s what our math includes:

Projected savings for clients who provided outstanding balance, APR, and current monthly payment amount for their existing student loan(s)

Both fixed and variable rate loans

And here’s what our math excludes, and why:

Savings from any client who stated that the current interest rate on their loan was greater than 12%. (Why: this is intended to filter out any cases where client error may skew the savings calculation higher.)

For any client who stated that the projected term of their loan was greater than 25 years, we do not include in our calculation any additional savings that might be realized if their existing loan were to take longer than 25 years to pay off in-full. (Why: 25 years is the maximum term allowed for a Federal student loan, or the cap on any Federal student loan under Income Based Repayment.)

Savings from any client whose indicated monthly payment was not sufficient to pay down the loan balance over time. (Why: this is intended to filter out any cases where the client misstated either their monthly payment amount, interest rate, or both.)

All refinancings by clients who chose a longer term than their existing student loan. (Why: some clients choose longer loan terms to match their monthly loan obligations to their unique life circumstances; while we encourage clients to take advantage of Earnest’s flexible term and monthly payment features, these cases are not indicative of the savings that result from lower rates through better data.)

Explanation of Rates “With Autopay”

Rates shown include 0.25% APR reduction where client agrees to make monthly principal and interest payments by automatic electronic payment. Use of autopay is not required to receive an Earnest loan.

Explanation of Precision Pricing™ Savings

Savings calculations are based on refinancing $121,825 in student loans at an existing loan servicer’s interest rate of 7.5% fixed APR with 10 years, 6 months remaining on the loan term. The other lender’s savings and APR (light green line) represent what would happen if those loans were refinanced at the other lender’s best fixed APRs. The Earnest savings and APR (white line) represent refinancing those loans at Earnest’s best fixed APRs.

Savings is computed as the difference between the future scheduled payments on the existing loans and payments on new Earnest and “other lender” loans. The calculation assumes on-time loan payments, no change in interest rates, and no prepayment of loans.

Client Testimonials

Individuals portrayed as Earnest clients on this site are actual clients and were compensated for their time to participate.